**Russia and Norway have reached agreement on a disputed Arctic border in the Barents Sea.**The border, which cuts across an area thought to be rich in oil and gas, has been contested for decades.
The territorial dispute meant proven offshore oil and gas deposits had not been exploited.
Norwegian Prime Minister Jens Stoltenberg was quoted as saying on Tuesday that the two countries now agreed “on all elements”.
Mr Stoltenberg, speaking at a joint news conference with Russian President Dmitry Medvedev, said the agreement was “good and balanced”.
“This solution is about more than a border line under the ocean,” he said. “It is about developing good neighbour relations.”
In recent years, several states have launched claims to Arctic territory as climate change and technological developments have increased access to the region.This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.
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